Pendle 在 Arbitrum 上推出新的流动性池，扭转 TVL 40% 的下降

Pendle 是一种收益交易协议，它正在通过在 Arbitrum 网络上建立新的流动性池来扭转其锁定总价值 (TVL) 大幅下降 40% 的局面。

Pendle has set up new liquidity pools on the Arbitrum network to attract LPs who hold UNI, LINK, ETH, WBTC, CRV, CVX, USDT, or USDC. These pools will allow LPs to contribute liquidity and earn rewards within the Pendle ecosystem.

Pendle 在 Arbitrum 网络上建立了新的流动性池，以吸引持有 UNI、LINK、ETH、WBTC、CRV、CVX、USDT 或 USDC 的 LP。这些池将允许有限合伙人在 Pendle 生态系统中贡献流动性并获得奖励。

Pendle has also teamed up with Karak Network, a restaking protocol, to allow users to put Pendle’s Principal Tokens (PT) on Karak’s platform to earn Karak points (XP).

Pendle 还与重新抵押协议 Karak Network 合作，允许用户将 Pendle 的主要代币 (PT) 放在 Karak 的平台上以获得 Karak 积分 (XP)。

This collaboration will provide additional incentives for users to participate actively and maximize their rewards. Pendle tweeted, “Earn additional rewards on top of Karak XP with your PT-weETH, PT-rsETH, and PT-ezETH.”

此次合作将为用户积极参与并最大化他们的回报提供额外的激励。 Pendle 发推文称：“使用您的 PT-weETH、PT-rsETH 和 PT-ezETH 在 Karak XP 之上赚取额外奖励。”

Pendle CEO TN Lee highlighted the importance of collaboration with other protocols to recover from the TVL drop. “We’ve been talking to protocols, and some have provided higher multipliers,” Lee stated. For instance, EtherFi has given a 4x multiplier, and Pendle’s pools on Arbitrum also reward LPs with ARB tokens.

Pendle 首席执行官 TN Lee 强调了与其他协议合作以从 TVL 下降中恢复过来的重要性。 “我们一直在与协议进行谈判，有些协议提供了更高的乘数，”李说。例如，EtherFi 提供了 4 倍的乘数，Arbitrum 上的 Pendle 矿池也用 ARB 代币奖励 LP。

The TVL decline, which saw a drop from $6.2 billion to $3.7 billion, was triggered by the maturation of several large liquid restaking markets on June 27. Meanwhile, the protocol's native PENDLE token experienced a 50% decline before partially recovering amid the ongoing crypto rally.

TVL 下降，从 62 亿美元下降到 37 亿美元，这是由 6 月 27 日几个大型流动性重新抵押市场的成熟引发的。与此同时，该协议的原生 PENDLE 代币经历了 50% 的下降，然后在加密货币持续上涨的情况下部分恢复。

Pendle's core function centers on Liquid Restaking Tokens (LRTs). These LRTs are further divided into two components: Principal Tokens (PTs) and Yield Tokens (YTs).

Pendle 的核心功能集中在 Liquid Restake 代币（LRT）上。这些 LRT 进一步分为两个部分：主体代币（PT）和收益代币（YT）。

Yield Tokens (YTs), the other half of Pendle’s LRT equation, shine as tradable tokens representing the rewards users accrue on their staked assets. This allows YTs to be bought and sold independently, separate from the underlying staked tokens.

收益代币（YTs）是 Pendle 的 LRT 方程式的另一半，作为代表用户从其质押资产中获得的奖励的可交易代币而大放异彩。这使得 YT 可以独立于底层质押代币进行独立买卖。

Pendle saw a surge in activity just before EigenLayer's much-awaited token generation event (TGE), showcasing the potential for YTs to capture pre-launch excitement.

在 EigenLayer 期待已久的代币生成活动 (TGE) 之前，Pendle 的活动激增，展示了 YT 抓住发布前兴奋点的潜力。

Users sought to maximize their EIGEN airdrop allocations. However, the maturity of these LRT pools, launched earlier this year, led to approximately $4 billion leaving the protocol.

用户寻求最大化他们的 EIGEN 空投分配。然而，今年早些时候推出的这些轻轨池的成熟导致约 40 亿美元退出该协议。

Crypto analyst and influencer 2Lambroz.eth highlights Karak’s support for EtherFi assets. Specifically, Karak supports two types of EtherFi assets: eETH(Karak) and weETHk.

加密货币分析师和影响者 2Lambroz.eth 强调了 Karak 对 EtherFi 资产的支持。具体来说，Karak 支持两种类型的 EtherFi 资产：eETH(Karak) 和 weETHk。

The former refers to EtherFi’s LRT directly wrapped and deposited into Karak, while the latter represents a mix of different LRTs and LSTs deposited through EtherFi. Both asset types yield points from EtherFi, but weETHk offers users twice as many points from Karak, along with additional VEDA points.

前者是指 EtherFi 的 LRT 直接包装并存入 Karak，而后者则代表通过 EtherFi 存入不同 LRT 和 LST 的混合。这两种资产类型都会从 EtherFi 中产生积分，但 weETHk 为用户提供两倍于 Karak 的积分，以及额外的 VEDA 积分。